SHERIDAN, WYOMING, UNITED STATES, February 25, 2022 /EINPresswire.com/ — According to IMARC Group’s latest report, titled “Virus Filtration Market: Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027,” the global virus filtration market reached a value of US$ 3.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.7 Billion by 2027, exhibiting at a CAGR of 11.2% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Virus filtration is a non-destructive, effective, and simple way of keeping both encased and non-enveloped virus particles on a polymeric membrane’s surface or within its pores. It’s popular in continuous bioprocessing, and it’s gaining interest in monoclonal antibodies (MAbs) because of its small footprint. Virus filtration is a viable option for producing and strengthening the safety of biological products such as vaccines, gene therapy, somatic cells, and recombinant therapeutic proteins because it has no impact on product quality. It’s also used to make plasma-derived goods free of blood-borne infections.
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Market Trends
The global market for virus filtrations is currently being driven by the rising frequency of chronic diseases and the urgent need for possible medicines and vaccines to treat coronavirus-affected patients. Moreover, advances in bioprocessing technologies, such as single-use equipment, perfusion reactors, and chromatography resins, are affecting the usage of virus filtration in the manufacturing of various biotherapeutic products. In addition, the introduction of a sophisticated asymmetric membrane structure that has no effect on viral retention due to pressure changes, high loads, or process interruptions is likely to boost market growth throughout the forecasted period.
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List of Key Companies Covered in this Market Report:
Asahi Kasei Medical Co. Ltd.
Charles River Laboratories, Inc. (NYSE:CRL)
Clean Cells
Danaher Corporation (NYSE: DHR)
Merck KGaA (ETR: MRK)
Sartorius AG (ETR: SRT)
Thermo Fisher Scientific Inc.(NYSE: TMO)
The report has segmented the market on the basis of product, application, end use and geography.
Breakup by Product:
Consumables
Kits and Reagents
Others
Instruments
Filtration Systems
Chromatography Systems
Services
Breakup by Application:
Biologicals
Vaccines and Therapeutics
Blood and Blood Products
Cellular and Gene Therapy Products
Others
Medical Devices
Water Purification
Air Purification
Others
Breakup by End Use:
Biopharmaceutical and Biotechnology Companies
Contract Research Organizations
Academic Institutes and Research Laboratories
Others
Breakup by Geography:
North America (US & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Elena Anderson
IMARC Services Private Limited
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